In view of the progressing National lockdown, the Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has extended the validity time of project enrollment by three months under the Real Estate (Regulation and Development) Act (RERA).
The National lockdown has placed a complete halt on construction movement in the nation, and project fulfillment timelines are being deferred. Hence, to aid builders, UPRERA has extended finishing dates for ventures due between March 15, 2020, and December 31, 2020. The concerned advertisers will before long receive their revised venture enrollment certificates. The due date for some other statutory consistence has additionally been postponed until May 31, 2020.
The administrative authority has chosen to schedule team video conferences daily, to determine pending matters and for training its officers with respect to the same. In spite of, hearings of all protests listed until May 3, 2020, have been postponed.
As per to this arrangement, around 15 hearings will be scheduled before seats at Gautam Budh Nagar and Lucknow. The amended schedules will be drafted as the circumstance of COVID-19 advances, and technological instruments would be utilized to direct virtual hearings. UPRERA additionally plans to structure an online form, which real estate holders, homebuyers and advertisers can use to submit grievances. Associates of the public can likewise utilize of this Integrated Electronic Grievance Management System, to get redressal in a period bound way.